angle of incidence

just read something worth reading..... or so it seemed to me.....

be a investor or be a trader, but not both.....

the exception to his 'rule' might be the truly accomplished trader, if one exists..... that person might know when to change lanes or perhaps to know which pair is investor or trader friendly.......

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a trader might have a open trade or two with easy to grasp targets......

however,

an investor on the other hand might have hundreds of trades with a wide varity of lot sizes at hundreds of entry points..... and targets that stretch out years.....

it is possible to code thousands of trades in advance with a final combined target years in advance.... and know the exact dollar profit, years in advance.... +/- the only unknown, that being the impact of spread.....

no different than chess matches being played out in ones mind or jet li's and donnie yen's fight which was first fought in their minds......

speakin of yen's,

(note, this not in anyway a suggestion to buy or sell anything) ......

lookin at the usdjpy chart below the existing 14 orders combined value is known each step of the investor's way.... and the ea knows the next 500 now.....

each time a new order is placed, the schedule would update to take it into consideration and adjust the future combined values....

the usdjpy is hard to see due to being so zoomed out, the usdchf chart shows the same idea better......

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anywho, the articles theme was for most of us to pick a lane, fast or slow..... as for me, i'm going so slow you'd think i was double parked........h

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noticed lasvasgoose in his latest thread was doin some soul searchin..... somethin we all do.... some of us several times a day...... it's a good thing.......

reminded me of the technology trigger..... no, i did not just make that up, it's a real deal seen below...... did however adapt it slightly for forex......

hang in there.... stay mentaly positive...... before long you'll be knockin at success's door......

and, if ya don't mind, could ya leave the key under the mat..... seem to have missplaced mine......h


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//---- speakin of knock knock


: knock knock;

s&p : who's there;

: "a";

s&p : "a" who;

: "a" quarter of a million american investors you bunch of panty waist nancys;

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ooooopps.... someone just questioned my statement above,

+/- the only unknown, that being the impact of spread.....

my error..... should read,

+/- the only unknown, that being the impact of swap.....

for me, the spread is completely ignored..... if things have to be cut so thin that a pip or two makes a difference, i'll drag up and move on to other ventures.....

swap however, can have a huge impact..... it's entirely possible to have a 100 pip profit target and that's hit 100% of the time and still lose on every trade......

so, exccuuuusssseeee me, let me swap the terms , spread and swap......

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speakin of spread in forex, which is to me a laughin matter, most of my real money is made and lost in oex options...... you want to see what real spread is, trade those..... on second thought it might be better to just look ......

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we are also fast approachin a time were some of the country ishares are worth lookin at..... you might have to click play a couple times in that link to see the charts..... they should autoscroll....... my java script abilites back then matched my tradin.......h

posted in a reply on another thread reguarding fahrenheit 451.....

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by coincidence, i opened a new account that will only run 451..... the starting balance was 100$..... so original lost size was scraping the bottom of the barrel..... first trade was on 8/1/2011....

i've added a thousand a week and will continue till it does..... once the balance is appropriate, i'll move up to the big time pro traders lot size, 0.1 mini lots.......

this should slowly crank the average win $ value higher..... but it will take some time to overcome the 0.01 trades......

my estimations is 200 trades this month, increasing 10% each month thereafter to a max of around 400..... average length on negative swap trades should be less than 72 hours..... average trade length on positive swap trades is unknown.....


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as the month draws to a close, just how are things shapin up......

well, the substandard and poors lost it's head, deven shame-on-u resigned, ....... hmmmmmm....

and our little 451 piggie still ain't lost a dang thing.....


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that'll do pig...... that'll do........h

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and speakin of little piggies with perfect scores across the board.......h

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Interesting that there is a similar thread on the same topic:

http://www.forexfactory.com/showthread.php?t=231578

hey stryker..... hadn't noticed that.... their thoughts are a tad more complex than mine......

actually read very little in the interactive, trading systems and disscussion forums..... things start out well there but often end up in a cyber fist fight..... my thoughts on many of those subjects seem to differ so much.... and i already know how to bleed..... would hate to lose my last tooth..... so tend to keep my mouth shut.....

90% of my time is in the platform tech/ coding forum......

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this here is just meant as a record of the life and times of fahrenheit 451.mq4......

and of course to give me liberty to clown around at will....... after all, i am just a .......h

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Yeah my interest was peaked because I like the angle of incidence stuff so I started reading then my eyes rolled back in my head and I thought that it was going far beyond where I want to go...

Is it relational that more complex systems/theories equal larger profits.....?

But lookie here denistry does exist down south too...I hear a nice gold grill is in nowadays and they can fix up that tooth should anything happen in a cyber brawl.

I've been poking around trying to find what your charts mean/what F451 shows but haven't been able to find what they are representing. Would you mind saying what those lines on the chart are and what the indicator is indicating?

will be the first to admit never thought they would go through with the peg threat....

will be the first to admit the dumbest in the group that made the decision is far smarter than me....

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it dang sure confuses me.....

it almost appears like the snb is willin to buy every euro the world is willin to sell, below a set price.... how can just 8 million people do that...

heck, we got more than 8 million illeagal immigrants livin in texas.... yeah it's true, every one of'em will work twice as hard as me, for one fourth the pay and no benefits, but that's another subject.......

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course they did it..... they drew the line in the sand..... but can they do it.....

looks like a hail mary pass if there ever was one........... hope it works for'em......h

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here comes the sun......

ok, what's a three letter word for ouch..... starts with p and ends with g.....

yeah..... your right...... that ain't funny......


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pullin down 451 today for abit..... lookin at last nights trades uncovered a serious oversight..... it's my fault..... ea's do what they are told to do...... nothing more..... nothing less......

current results below..... hand full of open trades still up should hopefully close out positive today..... the account was opened with 100 and the plan is to add a thousand week till it does..... odds are this week it will......

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please excuse my one last jab at the infamous s&p.....

you might note the profit factor is blank..... profit factor is obtained by dividing your wins by your losses..... which in 451's case would be a division by 0 error.....

maybe we should wake up those brainiac mathmaticians over at the subs&p and ask them to solve it for us.......

on second thought, let'em sleep..... their solution would probably involve me losing money.......h

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Hey, hey, hey .... look who is back. Nice to see you

Shamefully, I missed most of the August dump as I was checking out areas near the Great Barrier Reef for you. It appears that it was a wasted journey if Farenheit 451 is any indication of how you are doing with the market in general. Nice one.

What's this hot new project? Sounds exciting. Think I need to get myself a hot new project that has nothing to do with forex as well ... lol

hey miss p..... we were fixin to pm jade and antra to see if they could file a missing person report..... should have known you had been kidnapped by nothing more than the sun, water and beaches.....

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got 451 back up and running live now..... the peg action exposed a flaw in my thinkin...... didn't cause a single loss, but exposed the unseen potential of one....

that's now corrected..... however it will shorten the amount of trades before a single intentional loss is occurred..... there is always a remote chance that a trade might be unintentionly closed by mistake...... that single intentional loss will be way in the future......

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my weakness has been in tryin new ideas.... once coded i put the ea's in live accounts and 90% of'em lose eventually..... some say demo first dummy..... for some reason i just can not bring myself to demo first.....

they run in live accounts or not at all......

and you know what gann said,

1/(live is life) == life is live .....


nanana na...... that ain't right.... opus said that..... gann said somethin about angles in the chart.......

..... i git so confused.....h

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hey miss p..... it's what america needs...... it's what we lost...... and what we must get back....... makin a youtube video, far from finished..... top secret..... hush hush.....

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had a dream last night...... you, jade, priscilla and angela merkel took over all the worlds banks and pegged all currencies to gold......

or maybe it was a nightmare.....

dang women.... always got the perfect answer......

those historians will be studyin this week for a long dang time...... as for me, i'm just glad there is only 22 days left till huntin season.......

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the week ain't over but takin a sneak peak at 451...... it now has 295 wins, 0 losses...... a few trades left open, largest - is 15 bucks, largest + is 8...... it made 1k this week so i won't have to add it myself...... thank goodness...... hopefully 451 will pay it's own way from here on........

speakin of sneak peaks, ...... the top secret hush hush project below...... headed to basspro to stock up on huntin supplies.......h

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edit........ sneak peak picture won't upload...... guess it's too big.... will try again later......h

hey miss p..... here ya go..... a sneak peak of my hot new project that has nothing to do with forex...... estimated completion time is before to november 1st..... will post a youtube video for the world to see......

untill then, remember, it's top secret hush hush...... so keep it just between us.....h

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Is that a man cave you (or the little ones) are building? Is Priscilla banishing you from the house? lol

I was indeed kidnapped by the sun and beach. 25 degrees in Winter on some days. Not too shabby at all. I left the paddling to Miss J though. Water was a little too cold for my liking.

I've worked out that travelling/trading/changing timezones doesn't really work for me. Given that my forte is ninja trading, a lack of screen time severely affected my profitability. I'm going to have to address that.

And while the women work, the men go fishing (actually it's Whitebait season now apparently). The fish beside this young man are not whitebait by the way.

And good hunting to you.

Nugget...nice...

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wish i'd kept my mouth shut..... 451 recieved it's first scarlet letter last week.... Loss..... -1.15 ...... the trade itself hit it's profit target..... it was done in by nothing more than swap..... but it's a loss none-the-less, albiet unintentional.......

and for the hawthorne fans, yes it's true, the scarlet letter is suposed to be 'A'...... you'll have to take that up with the sub s&p, cause they took it..... "L" will have to do......

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not many trades last week, 34..... that peg deal crammed weeks of normal movement into 15 minutes....... and now has things flatined..... 451 needs angles..... volitility...... flatlines will kill it....... or either drag the trades out so long the negative swap will......

it had been running on all pairs but only allowed to trade the usd...... so to make up, will turn it loose on others like gbpaud, eurgbp and such.....

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the worse part is it did not make a 1000 last week...... so i'll have to add it...... again.......


just as soon as priscilla ain't lookin......h

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Sweet! Thats really an impressive equity curve.

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it's what america needs...... == exports.....

it's what we lost...... == manufacturing....

what we must get back....... == jobs......

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as someone that trades actively knows, finding some non-trading activity to persue can give a sense of balance.....

with balance, odds are your trading will improve.....

geographics tend to limit the activities available to hayseeds.... so we usually end up makin things..... most often knives....

we make'em from just about anything metal, such as old files, chainsaw chains, saw blades and railroad spikes......

a blacksmith shop helps......

and that should just about tie everything together.......h

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Beautiful knife and video Hayseed.

Jobs. Yes. Such a problem. Doesn't look too good for NFP this Friday given that the weekly unemployment claims have been trending up.

I haven't been following fundamentals very much these days but if there is one thing that I keep hearing about (or, at least, it stuck with me), it is the ever increasing healthcare costs to businesses in the US. Having been involved in the running of a small business (up to 35 subcontractors), I can say that this extra burden would be very off-putting to any business owner. What the government need to do is make it easier for small businesses, not harder. But what would I know. I don't have any university degrees.

The Chairman of the Federal Reserve, as far as I know, has never run a business in his life. Just using him as an example here. It reminds me of when I caught up with my ex-boss in NZ. He's a property developer and has done very well for himself but he can squeeze blood out of a stone.

Anyway, he went back to University for some extra education and upon conversing with these so-called professors he discovered that none of them had actually ever run their own business and that most of them had gone straight from studying at University to teaching people at University. He described them as living in some kind of fantasyland. That they had never really been in the real world of business. That they had never had people relying on them to pay their wages. They just collected their safe salaries and carried on teaching what they had been taught.

I don't know if you are getting what I'm trying to say here because I know that I'm not very good at explaining things sometimes. But do you think that there might be a lot of people in power who really don't understand what it is like in the real world, running a real business with real people and real wages? Because if they did, then they would know that rising healthcare costs to a business could be the make or break of it.

In my opinion of course

I'm still working on my hot little project. It's taking some time but, they say, good things come to those who wait ...